Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 02, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 95	$ 75
Short-term investments	1,101	1,416
Receivables, net of allowance for credit losses of $32 and $31	944	762
Inventories	1,844	1,663
Other current assets	157	131
Total current assets	4,141	4,047
Property, plant and equipment, net	2,152	1,892
Operating lease right of use assets, net	435	496
Investments in and advances to affiliates	677	651
Goodwill	159	163
Other non-current assets	246	254
Total assets	7,810	7,503
Current liabilities:
Lines of credit	554	516
Accounts payable	539	404
Deferred revenue	112	108
Operating lease liabilities	160	171
Other current liabilities	392	353
Total current liabilities	1,757	1,552
Long-term debt, less current maturities	704	708
Deferred income taxes	15	99
Long-term operating lease liabilities	306	360
Other liabilities	389	350
Total non-current liabilities	1,414	1,517
Commitments and contingent liabilities
Stockholders' equity:
Common stock of $1 par value. Authorized 1,250,000 shares; issued and outstanding 1,160,779 shares in 2022 and in 2021	1	1
Accumulated other comprehensive loss	(434)	(432)
Retained earnings	5,053	4,847
Total Seaboard stockholders' equity	4,620	4,416
Noncontrolling interests	19	18
Total equity	4,639	4,434
Total liabilities and stockholders' equity	$ 7,810	$ 7,503